Stocks start June flat despite energy rally, Dow adds 40 points

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U.S. stocks finished Tuesday mostly flat as optimism about the economic reopening met lingering angst about inflation and price pressure. The Dow rose 0.14%. The S&P 500 was down 0.05%. The Nasdaq fell 0.09%.

U.S. stocks finished Tuesday mostly flat as optimism about the economic reopening met lingering angst about inflation and price pressure.

The improving domestic coronavirus situation, coupled with the arrival of summertime weather, sparked another day of strong gains in Wall Street's reopening trades like travel and hospitality. Those volumes are more than six times higher than a year ago but still 22% below Memorial Day weekend in 2019.recommended investors discount near-term hurdlesShares of cruise-operators Carnival Corp. and Norwegian Cruise Line Holdings, two other reopening bellwethers, jumped more than 2.5% apiece.

 

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